Reserve Fund

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION,

Kaibozieid Captai

Loved and Fully Paid-up sim

Soustra Funda 200

Rasers Liability of Propeloton mm 8:30,000.

HEAD OFFICE: HONG KONG.

BOLED OF DIRECTORS 2---

Pros, Boy.

Chairman,

T. IL R. Shaa, Esq.

J.K. Bonfield, Key,

B. 11. Dodwell, Eng.

A. E. Copics. Kaş Gom Mr. 0,01.8. Mickle.

AMOY

BAIKOK

BATATJA

BOMBAY

1. Malir. Esq.

Rom. Mr. J. J. Padarion,

3. à. Plazomer, Hog.

N. Murphy, Eaq.

Acting Chle Manager.

BELYCKES 1—

LONDON

LYONS

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853.

HEAD OFFICE: LONDON.

Paid-up Capital

Reserve Liability of Pro

prietora

ALOE STAR

BATAVIA BOMBLY CALOUKTA CAXTOW

CARNPORR

7.

Daraty Ch

.

AMRISTAR

BABOKOK

CEBU

001OMBO

DELAI

HAIPHONG

HAMBURG

HANZOW

HARETK

HONG TONG

#

MAXILA

KEDAI

**W YORK

PENANG

BANGOON BAIGON SEMARAKO

THE CHINA MAIL.

Commerce and Finance

EXCHANGES.

£3,000,000 £8,000,000

TO-DAY'S QUOTATIONS.

£3,000,000 On London-

T.T.

Agencies and Branchen:

On demand

1/4

·1/4

косда

4 months' sight. 1/4

MADBAR

Credits 4 months'

sight

1/5

On New York

PEIPINO (Pshing)

On demand

29% N.

Credits 60 days'

FREEKBAN

sight...

NOM

JELANGEAL BINGAPORE

On Paris-

SITIAWAN

On demand

BOTIKABATA

Credits 4 months'

sight

696

635

TONGKAH (khuket)

TINGTAO

On India

T.T.

911⁄4

ХАМВОЛКОВ

On demand

914

. On demand On Kobe-.

110

Un demand

On Manila-

On demand

1085%

59% N.

69

On Batavia-

On demand

59 N.

On Saigon-

On demand

59

On Bangkok.

On demand

195

HOLLO

IPOK

MALAGGA

MANILA

CALOUTTA DAMN CHEFOO COLOMBO

NUAR (7 obse

NUDES

LANG

NEW TORK

XOBX

PRIPING

DAIXEN FOOCHOW HAIPHONG HAMBURG

IM NEOW HARDY BOXGLEW LZONA

FPO

JOHORE

SOBE

KOWLOOK

KUALA LUMPUR

PEMANO

BAKGOOX BAIDON

SAN FRANCI800

SHANGHAI

SINGAPOKE

NOUXABATA

BONGZI PATANT TIRKTRIK

TOKYO

THINGTAO TOKOHAMA

Current Arels opeost in Loral Cerrones and Fixed Deposits remind for pot your er karlar periode is Local Currenery and Burles me Lorgia trick will be quoted on applicellos. Hong Kong, 22nd May, 1932.

HONG KONG SAVINGS BANK. -

Le Salons of the above Bank is maduoved ty the HONG KONG AND SHANGHAI Bn. 129 CORPORATION, Bulee may is gimimet

FUR TU Bonozona AND, GRANONA! SLEKTBE CORPORATION.

LN. MURPHY, Acting Oblat Kanager.

Hong Kong, 24th April, 1938.

SAFETY FIRST I

To Safeguard Your Valuables and Jewelleries, Deposit them in a Vialt that is really; FIRE-PROOF BURGLAR-PROOF DAMP-PROOF!

OUR SAFE DEPOSIT VAULT located on the Mezzanine Floor of Our New building is Specially Cou structed to provide all of these Im portant Qualities.

You may obtain a Safe Deposit Box in this most up-to-date Vault for your own use at a very moder ate Rental

Inspection Cordially invited. THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD.

Corner of Ice House Street and

Des Voeux Road, Central.

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.)

HEAD OFFICE-Talpek, Formons. Incorporated by Special Imperial

Charter, 1899.

Central Bank in Farmom. Beek-Kokee Larel Ávorige omonni .....Ton. 41,006,000 BRANCHES AND AGENCIES: JAFAW-Tokyo, Yokohama, Joba, Csales.

PORMOSA CHenn,

Englang

KUALA LUMPUR

TAIPING

FIENTSIN

TOKOKAMA

Foreign Exchange and Banking business transacted.

General On Shanghai---

Current Accounts opened and Fix- ed Deposits received for one year or shorter periods at rates which will be quoted on application.

A. BREARLEY,

Manager. Hong Kong, 17th November, 1982.

THE BANK OF CANTON, LTD.

Fatablished 1912.

Head Office:-Hong Kong.

authorlar Capital (H.K. Currency}.$11,000,000 Pull-Up Capial sama

BRANCHES 1

1.5.COM 1,150,000

Canton, Shanghai, Hankow, Bangkok,

and Ben Fracelona,

LONDON BANTERS :—

The Lloyd's Bank, Lalarised. CORRESPONDENTS

Forviga Emanage, and banidng business of vary dancription sesamcted.

Bale Depot Bonas (various slow) oh a poorly reale of "trast $4 to $40.

LOOK POONG SHAN,

Chief Manager.

THE BANK OF EAST ASIA, LTD.

Head Office: Hong Kong. No. 10, Des Voeux Road Central Established: 1918.

Authorised Capital Paid-up Capital Reserve and Undivided

Proits

Peiping

Penang

On Singapore-

On demand

Sovereigns bank buy-

1/6 ing rate Bar silver per oz... 18 15/16 Bar Silver in Hong

Kong

Copper Cash

Copper Cents..

Rate of Native In-

terest

Nom. Nominal

1% prem.

34% pa. 31% dis.

Chinese Bub. Coin Hong Kong Sch. Coin par.

MANCHESTER WEEKLY MARKET REPORT. Rise in Raw Cotton Prices.

Wednesday, May 31, 1933. There has been a continued rise $10,000,000.00 in raw cotton prices during the last

NEW YORK STOCK EXCHANGE

A.O.F.C. Quotations.

New York, yesterday.

Dow Jones Averages

Last To-day's Change ATET. Årer.

36 Industrials 98.74 97.47 1.00 down 20 Rails 47.07 47.19 12 up

.57 down 20 Utilities. 85.40 $4.89

.10 up 40 Bonds... 85.84 85.94

Mesars. E. A Pierce & part:-

C.P.R. ANNUAL REPORT.

Severe Decline In Earnings.

PRESIDENT'S OPTIMISM

Montreal.

THURSDAY, JUNE 29,

OPERATIONS ON

MOSQUITOES

Malaria Serum For Insanity.

SURGICAL TRIUMPH.

Washington, D. C.

NEW ADVERTISEMENTS:

A. S. WATSON & CO. LIMIT)

"NOTICE."

ON SATURDAY. the lat. July.

All Departments will be CLOSED.

At the shareholders meeting A surgical operation on mos The Hong Kong Dispensary, Dis- of the Canadian Pacific Railway quitoes, so delicate that it must be pensing Department, will be open st which the report for 1932 was performed under the microscope, ised for dispensing precriptions presented, the President of the the latest step in treatment of from 10 am to 1. p.m. and from Railway reviewing operations for dreaded form of human insanity 6 p.m. to 7.30 p.m. the year sounded a note of re known as paresia, strained optimism.

The mosquito operation, ar

JA. S. WATSON CO., LIMITED. Hong Kong, 29th June, 1935.

GENERAL NOTICES.

PEAK CLUB.

The Railway, it is true, had nounced by the Public Health Ser passed through a difficult year, vice, provides a new method of com- with declining revenues, but ex hatting one disease with another. Co. Re-penses had been curtailed, the It was described as making possible roads had been kept in excellent a more efficient and less costly "Trading opinions are very much condition, and the financial struc means of helping paresis sufferers mixed, with some trying to tie the ture of the line, the President by infecting them with malaria, a

ANNUAL GENERAL Stock Market to the Foreign ex-stated, was on a sound, conserva- treatment used successfully for BE

MEETING OF MEMBERS will several years to combat this form off are tive basis. change situation and others

be held at the Peak Club, on insanity. require- in "The fundamental apprehensive.over conditions the grain market, while still others ment for the efficient operation Formerly, paresis patients were THURSDAY, 29th June, 1983, at 6 are not liking the wide fluctuations of the line remaining fully satis-infected with malaria by allowing p.m.. In specialties, other than for pro-fied, there's but one thing lack them to be bitten by mosquitoes Bit--taking. Liquidations, at pre-ing for the resumption of normal which carried the disease. The sent, are of only negligible quanti earnings and ties.

creased traffic.

is

EL. C. B. WAY,

Hon. Secretary,

THE BANK OF EAST ASIA, LIMITED.

that

in malaria has the effect of arresting. The Railway, the progress of the Insanity by act

was in per- ing on a blood disease that causes "Wheat: The failure to respond the President said

the fullest it, and statistics show it has cured to the strength of foreign exchange fect shape to take is indicative of the technical advantage of improved economic $5 per cent-of cases that were not

Earnings had de- too far advanced. weakness of this market. Senti- conditions.

The operation on the mosquitoes

No ment became more two-sided on clined quite drastically in 1982 reports that damage in the North- particularly in the higher classes consists of removing their salivary 12. Des Voeux Road Central, on

of passenger and freight traffic, glands, which are so small that they 1st July, 1998. West area is not irreparable.

market. Paris Ananciers

NOTICE OF REMOVAL.

TOTICE IS HEREBY GIVEN. ~ that we will remove to No.

Hong Kong, 27th June, 1933.

GOVERNMENT

G

* NOTICES.

B

FOR SALE BY TENDER.

"Cotton: After a higher open- but the operating ratio had been cannot be seen until magnified st ing values dipped sharply, uncover-well maintained. Operating ex- least 20 times. The malaria germs ing stop orders. The trend for penses during the year were 83.79 are carried by the mosquitoes in the balance of the day was irregu- per cent. of gross earnings com- these glands, and surgeons can use lar influenced by the weakness of pared with 82.80 per cent in the gland contents...to give paresis patients "artificial mosquito bites." other markets, The weather 1931.

Disease Danger. In regard to the steamship more, favourable.

"Silver: The trade absorbed services of the Railway the Pre The artificial bites are preferable liquidation at the opening and sident pointed out that 25,221 to real ones, because the glands are offerings increased later, when passengers had enjoyed special made into a serum, easier to ship weakness developd in other sea cruises during the year visit- than live mosquitos, which some- ing. 87 ports of the world. The times die in transit. The live in- the abandonment of gold and steamer "Empress of Britain" sects are difficult to handle and during the year had established sometimes escape, with consequent think that a devaluized Franc is

a record for the trans-Atlan-danger of spreading malaria. tic voyage between Father Point The mosquitos used in the experi-& Co. only question of time."

Business done: 6,610,000 shares. near Quebec. on the St. Lawrence meat are specially bred

Price Price river to Cherbourg, France in 4 sanitary conditions and then allowed

days, 7 hours and 58 minutes, to bite persons who have malaris. 160 ft. With aeroplanes meeting steam-The mosquito picks up some malaria ers at the straits of Belle Isle germs, and these develop in its delivered from salivary glands. Then the mosquito mail had been Great Britain to Montreal in 3 is placed under ether, and operated days 22 hours, a record for this upon. service.

Last To-day's

5,588,600.00₤few days and the position is at 4onda Copper Mining 16%

an

1

under

The glands are removed and made fato a serum, which is injected into:

H.MS. "MOORHEN”

Built in 1901 by Messrs. Yarrow

Length

Petween perpendiculars

Length, Overall 165 ft. Extreme breath 24 ft. 6 inches. Nominal displacement 180 tons. Engines Two cylinder vertical compound-designed LHP. 67Zwerch (1. Twin Screws,

Tenders are invited up to noon

The President regretted that the veins of parésis patients. One of the 14th July 1938 for the par in the face of the decline of

traffic in the past two years malaria germs to inoculate about 12 as she lies in the basin at H M

88% dividends which had been paid

mosquito's glands contain enough chase of the above named vease! Dockyard, Kowloon, for breaking The serum keeps well enough at a "P

Air Reduction

89

89

Allied Chemical & Dye.117%

115

American Can

9214

90%2

American Emelting

$31

American Tel & Tel

128

128

American Tobacco "B" American Waterworks

81%

334

20

8714

164

65%

83/

A 18%

18

35%

18% 92%

17%

2444

38 5034 84

30%

34

over the country.Reuter.

.67

80%

77%

dends at the rate of four per

80%

81

24

24

35.74

121932.

Withholding the dividends in

294

the past year had been forced

18%

15

28%

upon

Bendix Aviation present much firmer. It is now be Borden Co.

established opinion Canadian Pacific 2,812,000.00 coming

amongst operators that although J. I. Case

Caterpillar Co. temporary reaction may occur there Chase National Bank

Chrysler Motors is every indication of further ad- vances in values due in the main to Consolidated Gas of N.Y. the monetary policy of the United Curtiss Wright

Inc. Drugs, States Government. With the Du Pont de Nemours

Eastman cent appreciation in prices mer-

Rodak chants have derived some benefit in Electric Auto-lite Co. the value of their stocks, whilst the Electric Bond & Share

Branches and Agencies:—

Amor

Batavia

Bombay

Calcutta

Rangoon Saigon

Canton

San Francisco

Haiphong

Seattle

Hankow

Honolulu

Bobe

Kowloon

Singapore Sourabaya

Swatow

London Manila Melbourne Nagasaki New York Osaka

Paris

Bydney

Taiheka Tientsin Tokyo

Vancouver Yokohama

28 for fifty years from 1882 to 1931 paresis cases. 28% had been interrupted. Dividends temperature of 40 to 50 degrees Full particulars of the vessel,

at the rate of ten per cent. had Fahrenheit to allow shipment all conditions of sale and permits to 34been paid on the ordinary shares

66% from 1911 to 1931, while divi-

renewed activity is reflected in the Electric Power & Light of "

Genera

Foods

General, Electric General fact that deliveries of raw cotton to spinners in the States during the General Motors last four weeks have been 960,000 Gillette Safety bales against 677,000 bales for the Gold Dust

Harvester

Internal

Tel.

24

5734 8734

30%

39

cent had been paid on the pre-U. S. TO SPEND $70,000,000 ference shares from 1898 to

BUY COTTON

(Continued from Page 1.).

Correspondents in all principal eltion weeks late, whilst acreage ideas re- Loew& Myers "B" 94% 85 interests of the shareholders to sound basis. '

of the World.

Inc.

18%

995 931/

26% 24% adopt. 67 58

+

view, may be obtained on applica. tion to the Naval Store Officer, H. M. Dockyard, Hong Kong, ten- der forms will be issued on pay- ment of $200, returnable when a decision has been made on the ten- ders received.

The vessel will be on view al of H.M. Dockyard, Kowloon, from the the directorate through Meanwhile, under authority the policy of "deliberate, pro-the industrial control act, Brigadier 26th June 1933. M same time last year. Reports from Internat. Har. (Pref.):118% 113gressive, careful retrenchment General Hugh S. Johnson took steps. The vessel will be sold subject 18% which it was essential in the to restore the textile industry to to the Conditions of Sals which the growing belt intimate that the

will be attached to the Tender crop still averages two to three

The work of the department of form. agriculture concerned the reduction Tenders should be addressed to M. Wallace's the Naval Store Oficer, H. of acreage. Secretary plan contemplated an arrangement Dockyard, Hong Kong, and. marked whereby the government would "Tender for HMS. "Moorhen". No lease a maximum ef 10,000,000 acres tender can be accepted after noon

of the 14th July 1958. of cotton land.

23

Ward. Montgomery main unchanged. Actual business National Biscuit: ............. Every description of Banking and this last few days has been rather National City Bank.. 84% 33% Maung Mando, Ehedules, Tekken, Talaka, Trio Tammi, Tone, Hello, AEG,

Exchange business transacted. Loans scrappy, but the fact that early National Dairy Pro,

Otis Elerator GAIN theagh, Emkaw, Away, Taubergrated on approved iscurities.

delivery has been asked for in many Pacific Gas & Electric OTHERS—Long Loss. Bagages, Barskaya,

quarters tends to show that the Packard Motors Song Batavia, Bambay, London, Haw

Rly. goods are required. A varied en Pennsylvania quiry has been dealt with from Radio

Sears R

York, ONDOR BLEKKES: Burslaye Bank, Láku Lätyin hak, Kid, Milian Bran, IAL, Westminster Bank, Lál.

The Bank Ano Detraspondents in all the prinalysi Commercial Dendeng Shrooghent the work

X BAGURL.

BONG KONG BRAMOR:

Do Your Bond Center).

Hong Kong Danaober 26, 2001.

THE YOKOHAMA SPECIE BANK,

LIMITED.

„Test 119,760,000.

Batabilehed 1880.

Capital (fully paid-up) Ten 100,000,000 Reserva Fund

Bad Office>YOKOHAMA,

***** Brgachat and Agmeion xt:

Alexandria

Bartin

Bombay

On Leutta

Genton

Newelwang New York

(Dalny)

Helping

Dalinkdec) Rangoon

Hamburg Hankow Hong Long

Honolulu Hajuking

San Franciaeo

allowed

received

to be obtainsă

Safe Deposit Boxes To Let,, -

KAN TONG PO,

Chief Manager,

THE

India. Both Karachi and Madras ry

Standard Brands have sent low offers for light white Standard Ga Off goods and similar cloths have also

AMERICAN EXPRESS, COMPANY, been in demand for Calcutta along

INC.

Head Offer:-65, Broadway, New York

.U.S.$8,000,000.00. ..U.5.$1,667,069.17 ‚U.S.$1,718,979.67

Capital

Surplus

Reserves

BRANCHES)**

Branches of American Bret pany in Principal cities of Blaine of Aeron and Canad

Co. of New

89%

Soca Corpn. 10

with standard qualities of dhootics. Teras Corpn. Bombay has shown more Interest Trans-America

NAZIS WARN CATHOLIC: POLITICIANS

(Continued from Page 1.).

On Tuesday the National Party, led by Dr. Alfred Hugenburg,

88% was absorbed by the Nazis, and! Chancellor Hitler's campaign to

15

Farmers would be paid cash benefits of from $100,000,000 to $150,000,000 on the land thus leased.

The initial step of this pro

We establish complete control is now gramme will be a campaign among |

41

331⁄2

45%

this week and one or two lines of Union Carbide & Carbon fancy styles have been booked. White shirtings, white mulls and a few of the speciality printed fabrics have been booked for the smaller markets, but the general turnover still remains disappointingly...... low. Owing to holidays intervening in China this last day or so very little business has been received. A few poplins and whites have been ar ranged for Hong Kong but Shang hai remains very quiet. Egyptian demand has shown rather more life. Offers have been received for an

11734 Union Pacific 27. United Air Transport 33%

12% 12% United Corpn.

0874 58% United States Stekl Westinghouse E., & M. 47

AVIATION LESSON FROM FLYS, Inverted Landing Studied.

London.

practically ended.

cotton farmers to Induce them to agree to imitation of production. The authority of a four-year No definite steps with respect to the dictatorship was bestowed upon lenses will be taken until this cam- Herr Hitler by the present Reich-paign has progressed. steg with, Dr. Hugenberg's." "fol- General Johnson, administrator of Towers supporting · Herr ́ Hitler's the industrial recovery progromme, Nazis. Dr. Hagenberg's compar received plans from leaders in the atively small Nationalists held the Sdatile Industry providing for a balance of power, and it was this minimum wage of $10 weekly in the support that plpaced Herr Hitler south and $11 weekly in the In full, dictatorial authority, north. A maximum of 40 hours of Since the Belchstag assigned work per woek would be allowed.

Hearings on the plan will begin all power over to Herr Hitler for

four years, deflection of the Dr. June 27, - amusing problem is sald Hugenberg Nationalists cannot General Johnson said that the jibe, mulls and white shirtings to be occupying the minds of legally destroy. Herr Hitler's au programme was endored by repre whilst there has also been a little both Air Force and civilian pilots, thority, while in actuality Herr ntatives of two-thirds of the textile enquiry for greya Morocco has This problem, which is said to Hitler has so thoroughly entrenched Industry

$27,400,000 Loaned To Cotton

shown an interest in white goods have divided British aerodromes himself that any revolt of the Dr.

Association.

and the West African markets have to two camps, is as follows: Hugenberg followers would now The farm credit, adm Go enquired for prints and lighter) United styles. The South American outlets

continue to show an Improvement.

All classes of Commercial Banking Transactions undertaken.“-

Investment Acco

ANGLO-FRENCH BANKING ARRANGEMENTS

De

countries

DIGGAMA

Cong 11th Mardi

London,

cial circles hers are ste

How does a fly gain the in-appear impotent. verted position before

Ing on the selling alight. In the last election the Nazis has loaned the Cotton

won 288 seats, the Nationalists One camp, contends that the 62, or 880 seats combined, while fly executes the first half of other parties together obtained loop, ending on the celling upside only 306 down But the other argues

that the fly does a half roll-that

Since then, however, the Com

to, that it turns over sideways in munist and Socialist parties have both bean dissolved and their funds; new banking arrange flights to AEG

confiscated concluded with France Neither school Is apparently

rencies of both able to prove its claim

er melkura: oftly executes its landing motion at aqually profit-speed far too high for the human eye-Beut

Helm

Hitler from

any excont

Association 27,400,000 to the reation

option pool to restore to cotton ascrificed unds ministration's control plan.

The farm credit adm

dog.

pre

KING'S THEATRE

COMMENCING SUNDAY

RENATE MULLER (The “Sunshine State" Girl)

“MARRY ME

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